"Now the diamond mining industry is floundering as jewelry sales stagnate amid a slowdown in China. An index of rough diamond prices hit a five-year low last month."
I believe KDL had a global focus for their diamond sales? The global outlook remains very grim IMO. KDL's recent quarterly cash at hand compounds matters IMO. I notice KDL's share price continues to fall.
http://www.bloomberg.com/news/artic...orever-for-botswana-as-mining-boom-fades-away
Diamonds Aren't Forever
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